National lender establishes central location to better serve entire
state of Rhode Island, Massachusetts and Connecticut

May 03, 2017 10:01 AM Eastern Daylight Time

MIDDLETOWN, R.I.--(BUSINESS WIRE)--National lender Embrace
Home Loans announced that it has opened a new branch in Rhode
Island, located at 935 Jefferson Blvd, Ste. 3003 in Warwick. The new
location will be managed by branch manager Michelle Solomon.

According to a release
from the Rhode Island Association of Realtors®, 2016 was the year when
the state’s housing market firmly reestablished its footing. Last year,
Rhode Island saw record home sales, with 11,038 single-family homes
sold, a 12.4 percent increase from 2015. Additionally, home prices rose
6.6 percent with the vast majority of homeowners regaining the home
equity lost during the housing market crash.

“With an improving economy and increased buying activity, we felt we
needed to increase our presence in Rhode Island,” said Solomon. “By
being more centrally located, we’ll be able to better serve both our
borrowers and referral partners across the state, as well as the
surrounding communities, including Massachusetts and Connecticut.”

Solomon has nearly 20 years of mortgage banking experience. Prior to
joining the Embrace Home Loans team, she was a producing branch manager
at Poli Mortgage Group, overseeing sales, training and coaching her
sales staff, and managing the day-to-day events and challenges.
Solomon’s successful career stems from her excellent customer service,
extensive loan program knowledge as well as the respect and guidance she
provides her team of dedicated loan officers. She is an active member of
several professional and community associations, such as the National
Association of Professional Woman, Business Networking International and
her local Chamber of Commerce.

“Embrace has a long history in Rhode Island and expanding into this
office was a natural decision for us,” said Jeff McGuiness, Chief Sales
Officer, Embrace Home Loans. “As more individuals and families find
themselves ready to buy their first or next home, we aim to support them
on this journey through our superior service that we’re known for. We
look forward to Michelle and her team taking us to the next level.”

In its 34th year, Embrace Home Loans has prided itself on
being a market leader by differentiating the experience it creates for
its customers, clients and employees. Its unique approach has resulted
in industry-leading customer satisfaction scores, several national and
state employer-of-choice awards, and a doubling of the company’s sales
force in the last few years.

On Thursday, May 4, Embrace Home Loans will host a grand opening and
open house at the new branch. Beer, wine and hors d’oeuvres will be
served, and guests will have an opportunity to network and meet the
Warwick team. Additionally, in conjunction with National Bike Month in
May, Embrace will raffle a customized bike. The lender will also make a
donation to Camp
Ruggles on behalf of each attendee. Camp Ruggles is Rhode Island’s
only day camp program for children diagnosed with emotional and
behavioral disabilities.

About Embrace Home Loans

Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae
and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.
Embrace Home Loans has remained a prominent leader in the industry,
having helped hundreds of thousands of individuals and their families
purchase new homes, lower their monthly payments and consolidate
high-interest debt since its inception. With 80+ offices and licensed in
46 states and D.C., Embrace has been recognized seven times as one of
the Best Medium-sized Companies to Work for in America by Fortune
and four times as one of the Fastest Growing Companies in America by Inc.
The company has also been recognized eleven times as one of the Best
Places to Work in Rhode Island and as the Most Community Involved
Company in Rhode Island by Providence Business News. For more
information, please visit www.embracehomeloans.com.